Specialist engineering and technology insurer, HSB, which is part of Munch Re Group, has appointed Niraj Shah (pictured) as chief underwiring officer for the UK and Ireland. He replaces Stephen Morris who has announced his retirement. The appointment is subject to regulatory approval.

Stephen Worrall, CEO at HSB, said: “I want to thank Stephen for his outstanding contribution to HSB over the last 15 years; he’s been instrumental in revising our underwriting strategy, supporting our growth ambitions, and implementing new technologies and underwriting development. After 40 years in the insurance industry we will miss his experience, but wish him all the best in his retirement.

“We are delighted to welcome Niraj to HSB. As data insights and analysis, together with pricing strategies become more critical across all our UK and Ireland businesses, Niraj’s background and experience will further complement our leadership team. His substantial experience and strong track record in the sector make him an excellent fit for HSB to help drive our ambitious plans for the business forward.”

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